Carmen

Carmen is a 58 year old from the community of Valencia, Bohol. She is married with two adult children. Carmen’s husband is a carpenter. She has been helping support the family by operating a Sari-sari store (variety store) business for six years now. She sell toiletries, canned goods, noodles, eggs, and seasoning. She is asking for a loan of 7,000 PHP to buy additional stocks of shampoo, bath soap, coffee, cooking oil, biscuits, and canned goods. Her income provides food for her family.

In the future, she hopes to have a bigger business.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>

About Community Economic Ventures, Inc.

Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.